One United Properties concludes a memorandum of understanding for the acquisition of a 21 hectares plot of land located within minutes of driving to Tineretului and Carol parks.
CTP has leased 3,600 sqm of production space at CTPark Oradea Cargo Terminal, to leading Asian EMS (Electronic Manufacturing Services) company Etron Technology.
PickTwo Architecture Studio has embarked on its second venture in Zanzibar, focusing on the design and development of a luxury residential complex.
Ana Hotels announces the reopening of the emblematic "Europa" hotel in Eforie Nord, after the completion of a complex modernization process.
Real estate consultancy company iO Partners announces the successful closing of the sale of Expo Market Doraly to WDP.
Outside Bucharest, companies leased less than a fifth of the total traded area in Bucharest.
Environmental, social, and governance (ESG) principles are no longer just a trend or a buzzword, but rather becoming the norm in the Romanian real estate market.
The consolidated gross profit target is €123.5 million, 15% higher than the result for 2023, while the net profit is estimated to reach €105 million in 2024.
The new logistics hub of the company will benefit from a refurbishment process of the CTP to align with ESG standards
Genesis Property and HP Inc. Romania have signed a 5-year lease extension for 7,000 square meters of office space in YUNITY Park.
Accor, a world leading hospitality group, today announces the grand opening of Mercure Chisinau Center Jazz in Moldova.
Both SMEs and individuals are increasingly turning to second-hand furniture, with demand increasing by 14% compared to previous years.
The management and maintenance costs of the office buildings in Colliers Romania's Asset Services portfolio increased by 9% last year compared to 2022.
The funds will be utilized to refinance the development of 40 green logistics buildings (Green buildings) of Class A.
Value of investment properties reached PLN 4 541.5 million (+2% vs. 31 December 2022), EUR 1 044.5 million (+11% vs. 31 December 2022).
Hexing invests heavily in 8,000 sqm facility generating over 100 high value jobs in Timisoara, at Globalworth Timisoara Industrial Park I, assisted by CBRE.
In a decade of activity on the local market, RE/MAX Romania has grown into a national network of 60 franchises and 700 real estate consultants.
Speedwell announces the start of construction works for the second residential building of the mixed-use urban regeneration project, PALTIM.
The areas located in the northern parts of the city will continue to attract the most residential developments, with almost 40% of new housing supply located here.
2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed.
Noark Electric Romania announces the inauguration of their logistics center in Romania, which will serve the countries in the region.
Despite initial challenges, Romania's residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024.
The largest urban regeneration project in the North of the Capital - Nusco City has signed a partnership with the renowned Fuksas Architecture Studio.
13% of Romanians aged between 18 and 55 in urban areas are renters and around 18% share a home they do not own with parents
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.
Vista Bank Romania has agreed to take over the loan portfolio of Eurobank's former subsidiary in Romania Bancpost.